Oh, boy... I’m excited for you, because you want to buy a rental property. Good job! So let’s say you have $50,000 to $200,000 that you’ve saved up. So do you put all that money down on the one rental property or do something else? If you can’t afford to lose that money, please don’t [...]
Just got a big lump sum of cash? For example, did you receive a massive bonus in your 9-to-5 JOB? I hear it a lot... “Billy, I’m so excited! I just got my bonus check. I’m going to pay down my mortgage so I can pay it off early!” Here’s where I cringe. I may [...]
As you know, I invest in multifamily properties. Because I’m a long-distance investor, my investments involve travel. You might think that since you’re not a long-distance investor like me that you don’t travel, but you’d be wrong. And guess what? The local travel you do to look at properties, manage properties or meet workers at [...]
Do you like the idea of investing in multifamily properties? If so, that tells me that you want stable cashflow that gives you enough income to replace the income you’re earning in your day job. - Tweet Or you just want really good cashflow! That also means you have to get really good at analyzing [...]
Confused by the terms “operating expense” and “finance expense”? It can sound complicated. I know, because I get this exact question all the time when I’m talking to people at my Cashflow game events and when meeting with potential investors. Let me remove the complication. Just like the name indicates, an “operating expense” is any [...]
Learning is a lifetime pursuit for me. Is it for you, too? Maybe you get stuck when learning new skills. If so, that’s what I’m sharing with you here today. How to move forward and learn what you’ve been telling people you want to learn! While I’ve covered related topics here in the blog before, [...]
There are lots of things you need to learn in life. If you’re a real estate entrepreneur and investor, the one big thing you need to do is boost your financial IQ. That’s the one big thing you really need to know how to do! If you’re a real estate entrepreneur and investor, the one [...]
Want to reach your success goals faster? You’ll need more income. But how do you create the income you need to reach those goals? I’m glad you asked. There are 3 ways to earn the income you will need, which I break down for you in this article. Just keep reading. Need the information faster? [...]
Ah, passive income... The words bring to mind dollar bills drifting gently in through the windows and doors. After all, it’s passive, so that means you don’t have to work for it, right? Not quite. There are ways to earn passive income that takes very little effort on your part, but that is reserved for [...]
Ah, multifamily properties... I love getting them under contract! Maybe you do, too. If so, it’s a great way to participate in real estate investing. Once you have your systems in place your profits can be really good. But how do you finance your properties? That’s exactly what I talk to you about in this [...]
